checkAd

     169  0 Kommentare Doré Copper to Drill High Priority Copper-Gold Targets This Summer in Chibougamau, Quebec - Seite 2

    Cedar Bay Southwest Zone Extension (Figure 3)

    The Southwest Zone, located 300 meters southwest of the Cedar Bay Main Zone, was partially developed by Campbell Chibougamau Mines Limited up to the 200-meter (650-feet) level, right at the property limit with Patino Mining. The potential extension of the Cedar Bay Southwest Zone along strike to the southeast was never tested by Patino Mining and subsequent companies that controlled that ground. In total, approximately 800 meters of strike length have not been tested up to the Lac Doré Fault.

    Doré Copper plans to drill two holes from the same pad for a total of 1,500 meters to test the potential southeast extension of the Cedar Bay Southwest Zone.

    The Cedar Bay mine operated from 1958 to 1990 and produced 3.9 million tonnes grading 1.56% Cu and 3.22 g/t Au1. The ore from the mine was processed at the Copper Rand mill located 5 kilometers by road. The deposit was mined to a depth of 670.5 meters and the existing shaft extends to a depth of 1,036 meters. Doré Copper, while private, completed four holes (including wedges) totaling 4,842 meters in 2018 and reported an Indicated resource of 130,000 tonnes at 9.44 g/t Au and 1.55% Cu, and an Inferred resource of 230,000 tonnes at 8.32 g/t Au and 2.13% Cu (effective date of December 31, 2018)2. During 2020, the Corporation completed 9,025 meters of drilling and successfully extended a number of mineralized lenses (the 10-20A and 10-20B).

    Figure 1. Plan View of Copper Rand Property Showing the Jaculet and Cedar Bay SW Targets

    Figure 1_Plan View of Copper Rand Property Showing the Jaculet and Cedar Bay SW Targets

    Figure 2. Plan View and Long Section Showing the Jaculet Target

    Lesen Sie auch

    Figure 2_Plan View and Long Section Showing the Jaculet Target

    Figure 3. Plan View and Long Section Showing the Cedar Bay Southwest Zone Extension

    Figure 3_Plan View Showing the Cedar Bay Southwest Extension Figure 3_Long Section Showing the Cedar Bay Southwest Extension

    Qualified Person

    Sylvain Lépine, M.Sc, P.Geo, MBA, Vice President Exploration of the Corporation and a "Qualified Person" within the meaning of National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

    About Doré Copper Mining Corp.

    Doré Copper Mining Corp. aims to be the next copper producer in Québec with an initial production target of +50 million pounds of copper equivalent annually by implementing a hub-and spoke operation model with multiple high-grade copper-gold assets feeding its centralized Copper Rand mill2. The Corporation has delivered its PEA in May 2022 and is proceeding with a feasibility study.

    Seite 2 von 4


    Diskutieren Sie über die enthaltenen Werte


    globenewswire
    0 Follower
    Autor folgen

    Verfasst von globenewswire
    Doré Copper to Drill High Priority Copper-Gold Targets This Summer in Chibougamau, Quebec - Seite 2 TORONTO, May 03, 2023 (GLOBE NEWSWIRE) - Doré Copper Mining Corp. (the "Corporation" or "Doré Copper") (TSXV: DCMC; OTCQX: DRCMF; FRA: DCM) is pleased to announce its plans to drill several high priority copper-gold targets in the Central …